Jiangsu Green Carbon Nano Technology

Jiangsu Green Carbon Nano Technology

Carbon nanotube technology and its applications.

HQ location
China
Website
Launch date
Enterprise value
$11—17m
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DateInvestorsAmountRound
*

CNY20.0m

Series A
Total Funding000k
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Jiangsu Green Carbon Nano Technology, established on May 9, 2017, operates at the intersection of environmental remediation and advanced materials science. The firm was founded by Dr. Weining Song, whose extensive academic and entrepreneurial background forms the company's scientific bedrock. Dr. Song's journey includes academic tenures at Peking University, Tsinghua University, and several Canadian universities, culminating in a Ph.D. He was also a founder of Canadian public company Dura Products, a pioneer in wood-plastic composites in North America, a technology he later introduced to China. This deep expertise in materials science underpins the company's strategic focus.

The company's core business revolves around a proprietary technology that transforms captured carbon dioxide (CO₂) from industrial flue gas into high-value carbon nanotubes (CNTs) and other nanomaterials. This process positions the company as a key player in the Carbon Capture, Utilization, and Sequestration (CCUS) market, but with a crucial addition of 'Conversion', turning a liability (emissions) into a valuable asset. The business model targets carbon-emitting enterprises, offering them a dual benefit: a reduction in their carbon footprint and a new revenue stream from the resulting nanomaterials. Revenue is generated through the sale of these advanced materials and the provision of its carbon conversion technology and solutions.

Jiangsu Green Carbon's flagship technology is an electrolytic process that uses CO₂ as a feedstock and molten salt as a catalyst to produce CNTs. This method is presented as a significant departure from the conventional Chemical Vapor Deposition (CVD) method, reportedly offering lower costs, higher safety, and a negative carbon footprint, as it consumes approximately 3.5 tons of CO₂ for every ton of CNTs produced. The resulting products include CNT powder, conductive slurries for lithium-ion batteries, conductive plastics, and thermal dissipation films for 5G applications. The company also possesses proprietary technology to overcome the common issue of nanoparticle agglomeration, ensuring effective dispersion in final applications. A significant milestone was the establishment of the world's first demonstration facility at a coal-fired power plant in collaboration with the Datong city government, proving the industrial viability of converting flue gas CO₂ directly into CNTs.

Keywords: carbon capture and utilization, CCUS, carbon nanotubes, CO₂ conversion, green technology, advanced materials, cleantech, nanomaterials, lithium-ion battery materials, conductive plastics, thermal management, flue gas treatment, carbon emissions reduction, circular economy, Weining Song, industrial decarbonization, sustainable materials, molten salt electrolysis, conductive slurries, emissions-to-value

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